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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 56-66
  • U.S. gains 257,000 job; unemployment rate ticks up

    U.S. gains 257,000 job; unemployment rate ticks up
    U.S. employers hired at a stellar pace last month, wages rose by the most in six years, and Americans responded by streaming into the job market to find work. The Labor Department said Friday that the economy gained a seasonally adjusted 257,000 jobs in...
  • US gains strong 257K jobs, pay jumps; jobless rate 5.7 pct.

    US gains strong 257K jobs, pay jumps; jobless rate 5.7 pct.
    WASHINGTON — U.S. employers added a vigorous 257,000 jobs in January, and wages jumped by the most in six years — evidence that the job market is accelerating closer to full health. The surprisingly robust report the government issued Friday...
  • Lawmakers seek details of Federal Reserve investigation into leak of confidential information

    Two Democratic lawmakers are asking the Federal Reserve for details on its reported probe of a leak of market-sensitive information about interest-rate policy. Sen. Elizabeth Warren of Massachusetts and Rep. Elijah Cummings of Maryland requested the...
  • Warren, Cummings press Fed on investigation into 2012 leak

    Two Democratic lawmakers asked the Federal Reserve to report on the status of an internal probe into a leak of confidential, market-sensitive information in 2012. Massachusetts Sen. Elizabeth Warren and Representative Elijah Cummings of Maryland, the...
  • US productivity falls at 1.8 percent rate in Q4 while labor costs rise

    U.S. worker productivity went into reverse in the final three months of the year, while labor costs increased. Productivity, the amount of output per hour of work, fell at 1.8 percent rate in the fourth quarter after rising at a 3.7 percent rate in the...
  • Mortgage rates turn lower again

    Mortgage rates turn lower again
    Average long-term U.S. mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week. Rates are near historically low levels. Mortgage company Freddie Mac said Thursday that the nationwide average for a 30-...
  • Fed pushes back against audit bill as threat to its independence

    COLUMBUS, Ohio The Federal Reserve is stepping up efforts to fend off congressional audits of its monetary-policy decisions, with one official warning they would constitute a threat to its independence. Proposals to audit the Fed "really are about...
  • Fed Chair Yellen must weigh U.S. growth against global slowdown

     Fed Chair Yellen must weigh U.S. growth against global slowdown
    Now comes the tough part for Federal Reserve Chairwoman Janet L. Yellen. After winding down the central bank's bond-buying stimulus without roiling financial markets, Yellen begins her second year on the job next week with the more difficult task of...
  • Upbeat 'Goldilocks Economy' Forecast At Hartford Financial Analyst Event

    The investment climate, in some ways, returned to normal in 2014: a healthy but not gaudy 14 percent rise in the Standard & Poor's index of 500 large companies, supported by moderate economic growth with somewhat stable interest rates. It's a climate...
  • Almost half of US households exhaust their salaries

    Almost half of US households exhaust their salaries
    The Federal Reserve has declared economic growth "solid." But several new reports show most Americans are treading along a dangerous financial tightrope, where one slip could be devastating. Nearly half of U.S. households — 47 percent —...
  • OneWest Bank takeover spurs email fight

     OneWest Bank takeover spurs email fight
    The protesters outside OneWest Bank in Pasadena rankled Chief Executive Joseph Otting. Their signs — "Don't be a Grinch" and "Jail OneWest Bankers" — were part of a push to have regulators scrutinize the $3.4-billion purchase of the bank...